FeatureAug 18, 2016Features & Reportage

Maryam Behmard on JetSmarter: Uber for Private Jets

Name: Maryam Behmard on JetSmarter: Uber for Private Jets
Uploaded: 2016-08-18
Channel: Maryam Behmard
Description: Maryam Behmard on JetSmarter: Uber for Private Jets. The $10,000-a-year app that promised members private aviation - and turned empty legs into revenue.

The $10,000-a-year app that promised members private aviation - and turned empty legs into revenue.

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Membership: a $10,000 annual fee plus a one-time $5,000 sign-up.
Jet Shuttle seats on pre-scheduled flights included in membership.
Empty repositioning flights monetized as member seats.
Backers included Jay-Z and the Saudi royal family; Asian expansion was eyed for 2017. (JetSmarter was later acquired by Vista Global and merged into XO in 2019.)